2004 Broadway St., Cape Girardeau, MO, 63701

2004 Broadway St. Cape Girardeau, MO 63701

2004 Broadway St., Cape Girardeau, MO, 63701
2004 Broadway St., Cape Girardeau, MO, 63701 2004 Broadway St., Cape Girardeau, MO, 63701 2004 Broadway St., Cape Girardeau, MO, 63701
FOR SALE
Property Type:
Other Land
Amount:
$595,000
Last Verified:
Mar 18, 2024

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Highlights

  • Prime redevelopment opportunity
  • Zoned C-2 for versatile commercial uses
  • High-traffic and visibility
  • Strategic location in Cape Girardeau
  • Reduced price at $595,000

Description

Prime redevelopment opportunity on Broadway! This 0.915 acre tract in total consists of 2004, 2020, and 2024 Broadway in Cape Girardeau, directly across from McDonald's on 303 feet of Broadway frontage and a corner lot. The property currently consists of two rental properties and one 0.59 acre vacant lot. Redevelop the entire parcel, or keep the homes and develop the vacant lot. All three parcels are zoned C-2 Highway Commercial. Great opportunity located in high traffic area. Price reduced!

Located on Broadway in central Cape Girardeau

Building Size: 0sq ft
Lot Size: 0.92 acres


Documents

Sale Brochure

Map of 2004 Broadway St., Cape Girardeau, MO, 63701

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.